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Microcap & Penny Stocks : Alpharel(AREL) - any thoughts?

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To: Ed Newman who wrote (118)10/3/1996 9:45:00 AM
From: Rob C.   of 143
 
Ed,

It seems every time AREL has intraday lows of a point or more we bounce up hard everytime...Institutional buying??? Long term AREL is a winner. The problem is that reverse splits don't make investors too happy. The next two quarters will be the key as to how the company is perceived by the big boys. I see the stock at 18 to 20(post split by June '97).

Regards,

Rob
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